HODGES UNIVERSITY INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- HODGES UNIVERSITY INC (EIN 59-6605703)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2014-10-20
- IRS object ID
- 201442939349300314
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-10-20T09:09:34-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4099 TAMIAMI TRAIL N STE 300 | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34103 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 596605703 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HODG | BusinessNameControlTxt |
| Phone | 8004668017 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 341197932 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERICA M TILLERY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2395986221 | PhoneNum |
| Signature | 2014-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMELIA COOPER CPA | PreparerPersonNm |
| PTIN | P00437898 | PTIN |
| Phone | 2392628686 | PhoneNum |
| Preparation | 2014-10-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEANETTE BROCK | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 341197932 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $67,429,943 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.HODGES.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | DEGREE PROGRAMS TO ENHANCE THE ABILITY OF STUDENTS TO ACHIEVE PERSONAL OR PROFESSIONAL OBJECTIVES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 497 | TotalEmployeeCnt |
| Total Volunteers | 195 | TotalVolunteersCnt |
| Total Gross UBI | $5,539 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $4,039 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,193,142 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,280,458 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $35,631,033 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $32,756,129 | CYProgramServiceRevenueAmt |
| PY Investment Income | $222,019 | PYInvestmentIncomeAmt |
| CY Investment Income | -$155,699 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$30,740 | PYOtherRevenueAmt |
| CY Other Revenue | $54,580 | CYOtherRevenueAmt |
| PY Total Revenue | $37,015,454 | PYTotalRevenueAmt |
| CY Total Revenue | $39,935,468 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,762,169 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,561,199 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,289,792 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $18,829,611 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $439,695 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $11,676,193 | PYOtherExpensesAmt |
| CY Other Expenses | $11,959,743 | CYOtherExpensesAmt |
| PY Total Expenses | $35,728,154 | PYTotalExpensesAmt |
| CY Total Expenses | $33,350,553 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,287,300 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,584,915 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $67,646,754 | TotalAssetsBOYAmt |
| Total Assets EOY | $83,889,972 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $24,763,504 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $35,637,105 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $42,883,250 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $48,252,867 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF HODGES UNIVERSITY IS TO OFFER ASSOCIATE, BACCALAUREATE, AND GRADUATE DEGREES AS WELL AS OTHER PROGRAMS WHICH ENHANCE THE ABILITY OF STUDENTS TO ACHIEVE PERSONAL OR PROFESSIONAL OBJECTIVES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $25,802,315 | ExpenseAmt |
| Grant | $2,561,199 | GrantAmt |
| Revenue | $32,870,658 | RevenueAmt |
| Desc | HODGES UNIVERSITY IS REGIONALLY ACCREDITED AND AWARDS ASSOCIATE, BACHELOR'S AND MASTER'S DEGREES. THE UNIVERSITY HAS APPROXIMATELY 2,200 STUDENTS ON CAMPUSES IN NAPLES AND FORT MYERS, FLORIDA. THE PROGRAMS OF THE UNIVERSITY ARE AS FOLLOWS: 13 ASSOCIATE DEGREES 18 BACHELOR'S DEGREES 7 GRADUATE DEGREES 2 GRADUATE CERTIFICATES 1 UNDERGRADUATE CERTIFICATE 30 ONLINE DEGREES ENGLISH AS A SECOND LANGUAGE LIFELONG LEARNING CLASSES AT THE FRANCES PEW HAYES CENTER FOR LIFELONG LEARNING NONPROFIT MANAGEMENT CLASSES AT THE CENTER FOR NONPROFIT EXCELLENCESCHOOLS: JOHNSON SCHOOL OF BUSINESS SCHOOL OF ALLIED HEALTH NICHOLS SCHOOL OF PROFESSIONAL STUDIES FISHER SCHOOL OF TECHNOLOGY SCHOOL OF LIBERAL STUDIES PROVIDING STUDENTS WITH PROGRAMS THAT PREPARE THEM FOR CAREERS, HODGES UNIVERSITY BELIEVES IN FLEXIBLE CLASS SCHEDULING, ALLOWING STUDENTS TO ATTEND WEEKLY CLASSES THAT SUIT THEIR BUSY LIFESTYLES. THE UNIVERSITY ALSO MEETS THE NEEDS OF TODAY'S STUDENTS BY OFFERING A WIDE VARIETY OF ACADEMIC DELIVERY METHODS AND STUDENT SERVICES, BOTH ON CAMPUS AND IN THE DISTANCE EDUCATION ARENA. | Desc |
| Total Program Service Expenses | $25,802,315 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 16 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 497 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERICA M TILLERY | PersonNm |
| Phone | 2395986221 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 341197932 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JOHN J AGNELLI | ||||||||
| CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KEITH ARNOLD | ||||||||
| TRUSTEE/VICE-CHAIR | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PRIOLETTI | ||||||||
| TRUSTEE/SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| TODD GATES | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES HUMPHREY | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| GARY TRIPPE | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| LESLIE KING | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| GERARD A MCHALE JR | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN PASSIDOMO | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| DR JOSEPH DONAHUE | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT SIMPSON | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES STAMPER | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDRA STILLWELL | ||||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |||
| TERRY MCMAHAN | ||||||||
| FORMER PRESIDENT | 40.00 | Yes (X) | $375,652 | $0 | $18,200 | |||
| JEANETTE BROCK | ||||||||
| PRESIDENT | 40.00 | Yes (X) | $398,516 | $0 | $29,200 | |||
| KIM SPIEZIO | ||||||||
| EVP/SECRETARY | 40.00 | Yes (X) | $145,320 | $0 | $12,150 | |||
| JOSEPH PEPE | ||||||||
| FORMER EVP OF ADMINISTRATION | 40.00 | Yes (X) | $144,636 | $0 | $7,200 | |||
| JOHN WHITE | ||||||||
| FORMER EVP OF FINANCE | 40.00 | Yes (X) | $258,607 | $0 | $23,850 | |||
| ERICA TILLERY | ||||||||
| VP OF FINANCE/TREASURER | 40.00 | Yes (X) | $96,350 | $0 | $7,200 | |||
| NANCY WYANT | ||||||||
| DEAN | 40.00 | $180,455 | $0 | $29,200 | Yes (X) | |||
| DAVID RICE | ||||||||
| VICE PRESIDENT | 40.00 | $161,339 | $0 | $14,600 | Yes (X) | |||
| AYSEGUL TIMUR | ||||||||
| PROGRAM CHAIR | 40.00 | $156,252 | $0 | $19,200 | Yes (X) | |||
| KAREN LOCKLEAR | ||||||||
| DEAN | 40.00 | $146,123 | $0 | $11,400 | Yes (X) | |||
| JOSEPH GILCHRIST | ||||||||
| VICE PRESIDENT | 40.00 | $129,300 | $0 | $20,192 | Yes (X) | |||
| RITA LAMPUS | ||||||||
| FORMER VICE PRESIDENT | 40.00 | $135,143 | $0 | $15,400 | Yes (X) | |||
| CARLENE HARRISON | ||||||||
| DEAN | 40.00 | $128,385 | $0 | $18,100 | Yes (X) | |||
| ELSA ROGERS | ||||||||
| DEAN | 40.00 | $118,839 | $0 | $30,200 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,574,917 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $256,092 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLACKBOARD | |||||
| PO BOX 200154 | PITTSBURGH | PA | 152510154 | SOFTWARE SERVICES | $465,938 |
| ELLUCIANDATATEL | |||||
| 4375 FAIR LAKES CT | FAIRFAX | VA | 22033 | SOFTWARE SERVICES | $399,035 |
| EDUCATION DYNAMICS | |||||
| PO BOX 24382 NETWORK PLACE | CHICAGO | IL | 606734243 | EDUCATIONAL ADVERTISING | $319,530 |
| NEWS PRESS | |||||
| PO BOX 677583 | DALLAS | TX | 752677583 | EDUCATIONAL ADVERTISING | $259,822 |
| SOFTRIM CORP | |||||
| 9210 ESTERO PK COMMONS BLVD | ESTERO | FL | 33928 | NETWORK WIRING, MAINTENANCE SERVICES | $103,588 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 18 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $300,245 | FundraisingAmt |
| Related Organizations | $4,709,785 | RelatedOrganizationsAmt |
| All Other Contributions | $2,270,428 | AllOtherContributionsAmt |
| Noncash Contributions | $294,077 | NoncashContributionsAmt |
| Total Contributions | $7,280,458 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION AND FEES | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $32,756,129 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,756,129 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $32,756,129 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $110,338 | TotalRevenueColumnAmt |
| Exclusion | $110,338 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $107,002 | RealAmt |
| Personal | $6,500 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $99,920 | RealAmt |
| Personal | $961 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,082 | RealAmt |
| Personal | $5,539 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,621 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $5,539 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,082 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,970,731 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,236,768 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$266,037 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$266,037 | TotalRevenueColumnAmt |
| Exclusion | -$266,037 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $53,790 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $300,245 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $126,360 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$72,570 | TotalRevenueColumnAmt |
| Exclusion | -$72,570 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $144,995 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $30,466 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,529 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $114,529 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,935,468 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,870,658 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $5,539 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$221,187 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,746 | TotalAmt |
| Program Services | $46,746 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,514,453 | TotalAmt |
| Program Services | $2,514,453 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,333,319 | TotalAmt |
| Program Services | $446,724 | ProgramServicesAmt |
| Management And General | $709,421 | ManagementAndGeneralAmt |
| Fundraising | $177,174 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,667,295 | TotalAmt |
| Program Services | $12,761,711 | ProgramServicesAmt |
| Management And General | $1,779,884 | ManagementAndGeneralAmt |
| Fundraising | $125,700 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $473,579 | TotalAmt |
| Program Services | $431,994 | ProgramServicesAmt |
| Management And General | $36,153 | ManagementAndGeneralAmt |
| Fundraising | $5,432 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,162,518 | TotalAmt |
| Program Services | $1,010,607 | ProgramServicesAmt |
| Management And General | $138,424 | ManagementAndGeneralAmt |
| Fundraising | $13,487 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,192,900 | TotalAmt |
| Program Services | $1,007,507 | ProgramServicesAmt |
| Management And General | $162,909 | ManagementAndGeneralAmt |
| Fundraising | $22,484 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,711 | TotalAmt |
| Management And General | $60,711 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,908 | TotalAmt |
| Management And General | $50,908 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,000 | TotalAmt |
| Management And General | $48,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $599,713 | TotalAmt |
| Program Services | $305,353 | ProgramServicesAmt |
| Management And General | $287,029 | ManagementAndGeneralAmt |
| Fundraising | $7,331 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,380 | TotalAmt |
| Program Services | $652,490 | ProgramServicesAmt |
| Management And General | $3,310 | ManagementAndGeneralAmt |
| Fundraising | $580 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $688,006 | TotalAmt |
| Program Services | $402,662 | ProgramServicesAmt |
| Management And General | $222,395 | ManagementAndGeneralAmt |
| Fundraising | $62,949 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,111,040 | TotalAmt |
| Program Services | $1,112,272 | ProgramServicesAmt |
| Management And General | $998,768 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,365,722 | TotalAmt |
| Management And General | $1,365,722 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $385,203 | TotalAmt |
| Program Services | $230,834 | ProgramServicesAmt |
| Management And General | $136,267 | ManagementAndGeneralAmt |
| Fundraising | $18,102 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,446 | TotalAmt |
| Program Services | $57,304 | ProgramServicesAmt |
| Management And General | $11,142 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,026,707 | TotalAmt |
| Program Services | $1,026,707 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,212,023 | TotalAmt |
| Program Services | $2,212,023 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $445,971 | TotalAmt |
| Program Services | $445,971 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EQUIPMENT RENTAL AND MA | $623,007 | $219,529 | $403,478 | |
| BAD DEBTS | $560,611 | $560,611 | ||
| LIBRARY RESOURCES | $292,988 | $292,988 | ||
| OTHER EXPENSES | $282,153 | $225,838 | $52,926 | $3,389 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $482,154 | TotalAmt |
| Program Services | $398,602 | ProgramServicesAmt |
| Management And General | $80,485 | ManagementAndGeneralAmt |
| Fundraising | $3,067 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,350,553 | TotalAmt |
| Program Services | $25,802,315 | ProgramServicesAmt |
| Management And General | $7,108,543 | ManagementAndGeneralAmt |
| Fundraising | $439,695 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,224,413 | BOYAmt |
| EOY | $6,453,064 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,516 | BOYAmt |
| EOY | $218,777 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,388,323 | BOYAmt |
| EOY | $10,053,609 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,808,480 | BOYAmt |
| EOY | $1,662,902 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $70,897 | BOYAmt |
| EOY | $69,085 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $804,688 | BOYAmt |
| EOY | $1,872,787 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $65,570,123 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,890,630 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,719,836 | BOYAmt |
| EOY | $49,679,493 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,192,562 | BOYAmt |
| EOY | $13,361,937 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,291,039 | BOYAmt |
| EOY | $518,318 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,646,754 | BOYAmt |
| EOY | $83,889,972 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,668,562 | BOYAmt |
| EOY | $2,476,337 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,484,734 | BOYAmt |
| EOY | $4,270,768 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,125,000 | BOYAmt |
| EOY | $28,890,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,485,208 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,763,504 | BOYAmt |
| EOY | $35,637,105 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,083,329 | BOYAmt |
| EOY | $33,501,812 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,799,921 | BOYAmt |
| EOY | $11,768,222 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $2,982,833 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,883,250 | BOYAmt |
| EOY | $48,252,867 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,646,754 | BOYAmt |
| EOY | $83,889,972 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,584,915 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $241,048 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $72,635 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | -$1,528,981 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $48,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $48,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | A FEE OF $48,000 WAS PAID TO A MANAGEMENT CONSULTING FIRM TO SUPPORT INTERESTS OF THE UNIVERSITY. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| Contributions | $4,503,091 | ContributionsAmt |
| Investment Earnings Or Losses | $53,639 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,896,034 | OtherExpendituresAmt |
| End Year Balance | $2,660,696 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,746,837 | OtherCostOrOtherBasisAmt |
| Book Value | $10,746,837 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,587,889 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,069,500 | DepreciationAmt |
| Book Value | $35,518,389 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,917,189 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,554,494 | DepreciationAmt |
| Book Value | $3,362,695 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $318,208 | OtherCostOrOtherBasisAmt |
| Depreciation | $266,636 | DepreciationAmt |
| Book Value | $51,572 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $49,679,493 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ITS CONTRIBUTIONS ARE CONSIDERED TAX DEDUCTIBLE. THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAX ONLY ON NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FOR THE YEARS ENDED JUNE 30, 2014 AND 2013, THE UNIVERSITY HAD NO MATERIAL OBLIGATION FOR UNRELATED BUSINESS INCOME TAX. THE UNIVERSITY HAS ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. AS A RESULT OF THE IMPLEMENTATION, THE UNIVERSITY EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2014 AND 2013. THE UNIVERSITY'S 2011 THROUGH 2013 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES. | ExplanationTxt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE UNIVERSITY'S POLICY STATEMENT IS INCLUDED IN ITS MESSAGE TO THE PUBLIC: HODGES UNIVERSITY, AS AN OPEN, CREATIVE AND COMMUNITY-CONSCIOUS EDUCATIONAL INSTITUTION, MUST FULFILL ITS MISSION IN THE CLIMATE OF A CHANGING WORLD. THAT EACH STUDENT, AS A UNIQUE PERSON, DESERVES A PROGRAM OF STUDIES AND VARIED EXPERIENCES FOR PERSONAL GROWTH WITHOUT REGARD TO RACE, COLOR, GENDER, SEXUAL ORIENTATION, RELIGION, CREED, NATIONAL ORIGIN, POLITICAL OPINIONS OR AFFILIATIONS, DISABLED VETERAN STATUS, DISABILITY, OR AGE AS PROVIDED BY LAW AND IN ACCORDANCE WITH THE UNIVERSITY'S RESPECT FOR PERSONAL DIGNITY. |
| SCHEDULE E, PART I, LINE 6 | HODGES UNIVERSITY, INC. PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED THROUGH THESE PROGRAMS ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. SOME PROGRAMS PROVIDE A SMALL ADMINISTRATIVE ALLOWANCE FOR THE INSTITUTION. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SPRING GOLF CLASSIC | NameOfEvent1Amt |
| Gross Receipts Event1 | $116,665 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $97,525 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $19,140 | GrossRevenueEvent1Amt |
| Non Cash Prizes Event1 | $24,140 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $8,855 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $7,667 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | PRESIDENT'S TRIBUTE | NameOfEvent2Amt |
| Gross Receipts Event2 | $165,370 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $147,670 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $17,700 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $5,100 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $26,851 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $7,301 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $72,000 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $55,050 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $16,950 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $31,505 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $14,941 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $354,035 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $300,245 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $53,790 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $29,240 | NonCashPrizesTotalEventsAmt |
| Food And Beverage Total Events | $67,211 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $29,909 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $126,360 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$72,570 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| HORIZON FOUNDATION INC | |||||||
| 2201 SECOND ST STE 500 | FORT MYERS | FL | 33901 | 650872214 | 501(C)(3) | $7,500 | TO SUPPORT GENERAL OPERATION. |
| JUNIOR ACHIEVEMENT OF SW FLORIDA | |||||||
| 9530 MARKETPLACE RD STE 302 | FORT MYERS | FL | 33912 | 650503084 | 501(C)(3) | $5,600 | TO SUPPORT GENERAL OPERATION. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INSTITUTIONAL AID, INCLUDING SCHOLARSHIPS, ASSISTANTSHIPS, AND TUITION WAIVER. | GrantTypeTxt |
| Recipient | 420 | RecipientCnt |
| Cash Grant | $2,514,453 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | HODGES UNIVERSITY PARTICIPATES IN VARIOUS LOCAL SPONSORSHIPS TO ORGANIZATIONS ANNUALLY BASED ON OUR ABILITY AND CURRENT ECONOMIC SITUATION. BECAUSE THE SPONSORSHIPS ARE FOR GENERAL OPERATING SUPPORT, NO MONITORING IS REQUIRED. HODGES UNIVERSITY PARTICIPATES IN BOTH STATE AND FEDERAL STUDENT FINANCIAL ASSISTANCE PROGRAMS. VIRTUALLY ALL FUNDS RECEIVED ARE IMMEDIATELY CREDITED TO STUDENT ACCOUNTS FOR PAYMENT OF TUITION, FEES AND BOOKS. EXCESS FUNDS ARE DELIVERED TO STUDENTS ACCORDING TO PROGRAM REQUIREMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TERRY MCMAHAN | ||||||||||||||
| FORMER PRESIDENT | $163,761 | $0 | $0 | $0 | $211,891 | $0 | $11,000 | $0 | $7,200 | $0 | $393,852 | $0 | $0 | $0 |
| JEANETTE BROCK | ||||||||||||||
| PRESIDENT | $257,829 | $0 | $0 | $0 | $140,687 | $0 | $22,000 | $0 | $7,200 | $0 | $427,716 | $0 | $0 | $0 |
| KIM SPIEZIO | ||||||||||||||
| EVP/SECRETARY | $140,316 | $0 | $0 | $0 | $5,004 | $0 | $4,950 | $0 | $7,200 | $0 | $157,470 | $0 | $0 | $0 |
| JOSEPH PEPE | ||||||||||||||
| FORMER EVP OF ADMINISTRATION | $133,724 | $0 | $0 | $0 | $10,912 | $0 | $0 | $0 | $7,200 | $0 | $151,836 | $0 | $0 | $0 |
| JOHN WHITE | ||||||||||||||
| FORMER EVP OF FINANCE | $113,309 | $0 | $0 | $0 | $145,298 | $0 | $20,250 | $0 | $3,600 | $0 | $282,457 | $0 | $0 | $0 |
| NANCY WYANT | ||||||||||||||
| DEAN | $180,455 | $0 | $0 | $0 | $0 | $0 | $22,000 | $0 | $7,200 | $0 | $209,655 | $0 | $0 | $0 |
| DAVID RICE | ||||||||||||||
| VICE PRESIDENT | $136,339 | $0 | $25,000 | $0 | $0 | $0 | $7,400 | $0 | $7,200 | $0 | $175,939 | $0 | $0 | $0 |
| AYSEGUL TIMUR | ||||||||||||||
| PROGRAM CHAIR | $156,252 | $0 | $0 | $0 | $0 | $0 | $12,000 | $0 | $7,200 | $0 | $175,452 | $0 | $0 | $0 |
| KAREN LOCKLEAR | ||||||||||||||
| DEAN | $146,123 | $0 | $0 | $0 | $0 | $0 | $4,200 | $0 | $7,200 | $0 | $157,523 | $0 | $0 | $0 |
| RITA LAMPUS | ||||||||||||||
| FORMER VICE PRESIDENT | $110,143 | $0 | $25,000 | $0 | $0 | $0 | $9,400 | $0 | $6,000 | $0 | $150,543 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINES 4A-B | THE UNIVERSITY EXECUTED TWO SEVERANCE AGREEMENTS DURING THE FISCAL YEAR. JOSEPH PEPE HAD AN AGREEMENT FOR $23,571.16 AND RITA LAMPUS HAD AN AGREEMENT FOR $131,099.92. |
| FORM 990, SCHEDULE J, PART II: | TERRY P. MCMAHAN - THE AMOUNT REPORTED ON SCHEDULE J COLUMN B(III) OF $211,891 IS CONTRIBUTION TO A 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN. THE AMOUNT BECAME TAXABLE TO THE INDIVIDUAL IN 2013. JEANETTE BROCK - THE AMOUNT REPORTED ON SCHEDULE J COLUMN B(III) OF $131,724 IS CONTRIBUTION TO A 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN. THE AMOUNT BECAME TAXABLE TO THE INDIVIDUAL IN 2013. JOHN WHITE - THE AMOUNT REPORTED ON SCHEDULE J COLUMN B(III) OF $145,298 IS CONTRIBUTION TO A 457(F) NON-QUALIFIED EXECUTIVE RETIREMENT PLAN. THE AMOUNT BECAME TAXABLE TO THE INDIVIDUAL IN 2013. BOTH OF JOHN WHITE AND TERRY MCMAHAN RETIRED ON 06/30/2013 AND THEY WERE BOTH PAID OUT THEIR EXECUTIVE RETIREMENT FROM THE 457(F) PLAN THEREAFTER. JEANETTE BROCK HAS NOT RECEIVED ANY DISTRIBUTION AND WILL NOT UNTIL RETIREMENT. |
| FORM 990, SCHEDULE J, PART III: | THE UNIVERSITY ESTABLISHED A DEFINED BENEFIT EXECUTIVE RETIREMENT PLAN FOR THREE KEY EXECUTIVES ON JULY 1. 2003. THE PLAN CALLS FOR AN ACCMULATION OF 3% PER YEAR OF SERVICE UP TO A MAXIMUM OF 75%. THAT PERCENTAGE IS THEN APPLIED TO THE AVERAGE OF THE MOST RECENT FIVE YEARS' SALARY FOR EACH PARTICIPANT, FACTORED THROUGH AN ACTUARIAL COMPUTATION BASED ON A STANDARD MORTALITY TABLE. THE PLAN IS A NONQUALIFIED DEFERRED COMPENSATION PLAN, COVERED BY IRC SECTION 457(F) FOR TAX EXEMPT ENTITIES. PARTICIPANTS BECOME VESTED IN THE PLAN UPON SEPARATION FROM SERVICE ON OR AFTER REACHING NORMAL RETIREMENT AGE (AGE 60), OR THROUGH OTHER EVENTS ASSOCIATED WITH DEATH OR DISABILITY. UNDER SECTION 457(F), THE COMPENSATION CAN ONLY BE DEFERRED AS LONG AS THE BENEFIT IS SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. THE UNIVERSITY HAS INTERPRETED THIS TO MEAN THAT THE PARTICIPANTS MUST BE TAXED ON THE BENEFIT ACCRUED ON THEIR 60TH BIRTHDAYS, AS WELL AS ANNUALLY FOR ANY ADDITIONAL ACCRUED BENEFIT, EVEN THOUGH THE BENEFITS WILL NOT BE DISTRIBUTED UNTIL AFTER THE PARTICIPANTS RETIRE. THE PLAN CONTAINS A PROVISION THAT ALLOWS THE UNIVERSITY TO ADVANCE THE TAXES DUE IN THESE CIRCUMSTANCES. SUCH TAXES ADVANCED REDUCE THE REMAINING LIABILITY TO BE PAID TO THE PARTICIPANS. ALTHOUGH THE PLAN ITSELF IS UNFUNDED, THE UNIVERSITY ALSO ESTABLISHED AN EXECUTIVE RETIREMENT TRUST IN 2003 TO ACCUMULATE FUNDS THROUGH LIFE INSURANCE POLICIES FOR ALL THREE PARTICIPANTS. THE ANNUAL CONTRIBUTION TO THE INSURANCE POLICIES IS DETERMINED BY ACTUARIAL COMPUTATION WHICH WILL ACCUMULATE TO A CASH VALUE APPROXIMATING THE PROJECTED RETIREMENT LIABILITY FOR EACH PARTICIPANT. THE BENEFICIARY OF THE LIFE INSURANCE POLICIES IS THE EXECUTVE RETIREMENT TRUST. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLIER CO ED FAC AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 650915682 | BondIssuerEIN |
| CUSIP | 19463TBC9 | CUSIPNum |
| Bond Issued | 2013-11-14 | BondIssuedDt |
| Issue Price | $28,404,134 | IssuePriceAmt |
| Purpose | REFUND BONDS AND FINANCE NEW BUILDING PURCHASE | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $13,125,939 | RetiredAmt |
| Total Proceeds | $28,404,134 | TotalProceedsAmt |
| In Reserve Fund | $2,066,550 | InReserveFundAmt |
| Issuance Costs From Proceeds | $517,198 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $13,133,144 | CapitalExpendituresAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | Yes (1) | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.05000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.05000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $265,820 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV - STOCK QUOTES | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | VACATIONS, GI | Desc |
| Contribution | 47 | ContributionCnt |
| Noncash Contributions Rpt F990 | $28,257 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV AND PURCHASE PRI | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE UNIVERSITY'S EXECUTIVE COMMITTEE CONSISTS OF NO LESS THAN THREE BUT NO MORE THAN SIX MEMBERS OF THE BOARD OF TRUSTEES INCLUDING ONE OFFICER THAT IS APPOINTED BY THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE FULL BOARD OF TRUSTEES BETWEEN MEETINGS WITH ANY ACTIONS UNDERTAKEN TO BE RATIFIED BY THE FULL BOARD AT THE NEXT REGULARLY SCHEDULED MEETING. |
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT WILL UNDERTAKE A COMPREHENSIVE REVIEW OF THE FORM 990 AND ITS SCHEDULES IMMEDIATELY UPON ITS COMPLETION, AND WILL ADDRESS ALL OF ITS QUESTIONS AND CONCERNS WITH THE PREPARER. UNIVERSITY POLICY PROVIDES FOR THE PROVISION OF A COPY OF THE COMPLETED RETURN TO ALL MEMBERS OF THE GOVERNING BOARD IN ADVANCE OF FILING. A VOTE OF THE FULL BOARD TO APPROVE OF THE TAX RETURN IS REQUIRED PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS. THE STATEMENTS ARE REVIEWED BY THE SENIOR MANAGEMENT AND THE INDEPENDENT AUDITOR TO DETERMINE IF ANY RELATIONSHIPS NEED TO BE DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS OR THE FORM 990. IN CASE OF ANY POTENTIAL REAL OR PERCEIVED CONFLICT OF INTEREST, AFFILIATED PERSONS ARE EXPECTED TO DISCLOSE THE CONFLICT IN ADVANCE. ONCE SUCH A DISCLOSURE HAS BEEN MADE, THE CHAIRMAN OF THE BOARD OF TRUSTEES SHALL DETERMINE WHETHER OR NOT THERE IS A POTENTIAL CONFLICT OF INTEREST. IF IT IS DETERMINED THAT THERE IS A POTIENTIAL CONFLICT OF INTEREST, THE AFFILIATED PERSON INVOLVED SHALL ABSTAIN FROM VOTING AND SHALL NOT PARTICIPATE IN THE DISCUSSION OF THE MATTER AT ISSUE EXCEPT TO STATE BRIEFLY HIS OR HER POSITION IN THE MATTER AND TO ANSWER SPECIFIC QUESTIONS. THIS ABSTENTION SHALL BE REFLECTED IN THE MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES COMPENSATION FOR THE PRESIDENT (CEO), THE SECRETARY AND THE TREASURER. THE COMMITTEE CONSIDERS COMPARABILITY DATA AMONG MANY OTHER FACTORS TO DETERMINE THE APPROPRIATE COMPENSATION. MINUTES ARE PRODUCED AT EACH MEETING OF THE COMMITTEE AND THEIR RECOMMENDATIONS MUST BE APPROVED BY THE FULL BOARD OF TRUSTEES. THE LAST REVIEW AND APPROVAL OF COMPENSATION WAS DONE IN 2014 FOR PRESIDENT, J. BROCK, SECRETARY, K. SPIEZIO, AND TREASURER, E. TILLERY. THE BOARD REVIEWED AND DETERMINED THE COMPENSATIONS FOR ALL THREE OFFICERS. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE UNIVERSIRY'S FORM 1023 AND THE PAST 3 YEAR'S FORMS 990 AND 990-T ARE AVAILABLE FOR THE PUBLIC INSPECTION UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | INTEREST AND DIVIDEND OF HODGES UNIVERSITY FOUNDATION 19,334. REALIZED LOSS OF HODGES UNIVERSITY FOUNDATION -119,681. NET IMPACT OF LIQUIDATION OF HODGES FOUNDATION 27,711. AMORTIZATION OF OTHER COMPREHENSIVE EXPENSES OF THE EXECUTIVE RETIREMENT PL 290,411. BUILDING IMPAIRMENT LOSS -988,577. RETURN OF PRIOR YEAR TITLE IV -758,179. |
| FORM 990, PART XII, LINE 2(C) | THE UNIVERISTY HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCEDURE DID NOT CHANGE DURING THIS YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY FOUNDATION INC (DISSOLVED) | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2655 NORTHBROOKE DRIVE | AddressLine1 |
| City | NAPLES | City |
| State | FL | State |
| ZIP Code | 34119 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 651176465 | EIN |
| Primary Activities | TO PROVIDE SUPPORT TO HODGES UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 11B, II | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HODGES UNIVERSITY FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $4,709,785 | InvolvedAmt |
| Method Of Amount Determination | CASH VALUE | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990, SCH R, PART VII | FormAndLineReferenceDesc |
| Explanation | HODGES UNIVERSITY FOUNDATION, INC WAS DISSOLVED ON 09/30/2013. ALL OF ITS NET ASSETS WERE MERGED WITH HODGES UNIVERSITY. | ExplanationTxt |
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